News: Brokerage

The Hampshire Cos. inks three leases totaling 44,118 s/f at CENTRA

The Hampshire Companies, a full-service, private real estate investment firm, arranged three lease transactions totaling 44,118 s/f at CENTRA, its LEED Platinum certified office building which was awarded the 2013 American Institute of Architects National Honors Award. The state-of-the-art office building is located at 186 Wood Ave. South. Grant Thorton will occupy the top floor of the building in what is the largest of the leases totaling 31,288 s/f. Stern + Associates signed a 7,558 s/f lease and Atrium Staffing of New Jersey took 5,272 s/f. "The addition of these three tenants is a testament to CENTRA at MetroPark's premier location and superior design," said Todd Anderson, a Principal of The Hampshire Companies. "The Metropark market continues to thrive as one of New Jersey's most sought after suburban office markets. CENTRA continues to attract quality tenants that know the benefits of a LEED Platinum environment and appreciate its unique and modern design in a highly accessible location."
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.